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Technology stocks, communication companies and retailers had some of the biggest losses. Apple fell 2.5%, Disney slid 3.8% and AutoZone dropped 2.8%. “And then when we get the occasional robust jobs report and inflation report that makes it clear that inflation remains quite problematic and it’s not decelerating as quickly as anyone would like," Merz said.
Wall Street will get a weekly update on unemployment claims on Thursday. The job market has been one of the stronger pockets in the economy.
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Cramer talks about some hot industrial stocks, and how we're playing Wall Street's pivot from techLet's take a serious break from the software companies that were claimed to be the best bets and start discussing the real market winners. You don't know that for sure Larry says what? Democrats colluded in the 2020 election.
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Stock Market Today: Dow Drops 500 Points; Nasdaq and S&P 500 FallThe Dow dropped more than 500 points after strong economic data caused concern that the Fed will be forced to raise rates more than anticipated Mira, the problem. Play w it and pay for it or slay it. STAGFLATION. VERY REAL. Do the Volker. Stop w the 'what should I do next'. Out of the panties. Into the drawers. 2 Bah Bah Biden. Good is bad. Up is down.
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